Thus, I would expect continued rate cuts toward zero interest rate with massive fiscal stimulus such as increase government spending. 因此,我会期待持续的减息到接近零利率与巨大的金融刺激例如增加政府开支。
Stagnant population is another headwind for property.Japan shows that, with stagnant population, even zero interest rate doesn't make property price go up. 人口老龄化也是房地产的影响因素,就好像日本,即使是零利率,也没有造成房价上升。